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Industrial Iot Market | Acumen Research and Consulting

Industrial IoT Market Size - Global Industry, Share, Analysis, Trends and Forecast 2023 - 2032

Published : May 2024

Report ID: ARC3574

Pages : 250

Format : Industrial IoT Market Size - Global Industry, Share, Analysis, Trends and Forecast 2023 - 2032

Summary Table of Content Customization Download Sample Infographics

CHAPTER 1. Industry Overview of Industrial IoT Market

1.1. Definition and Scope

1.1.1. Definition of Industrial Internet of Things

1.1.2. Market Segmentation

1.1.3. Years Considered for the Study

1.1.4. Assumptions and Acronyms Used

1.1.4.1. Market Assumptions and Market Forecast

1.1.4.2. Acronyms Used in Global Industrial IoT Market

1.2. Summary

1.2.1. Executive Summary 

1.2.2. Industrial IoT Market By Component

1.2.3. Industrial IoT Market By Software

1.2.4. Industrial IoT Market By Connectivity Technology

1.2.5. Industrial IoT Market By Device and Technology

1.2.6. Industrial IoT Market By End-Use

1.2.7. Industrial IoT Market By Region

CHAPTER 2. Research Approach

2.1. Methodology 

2.1.1. Research Programs

2.1.2. Market Size Estimation

2.1.3. Market Breakdown and Data Triangulation

2.2. Data Connectivity Technology

2.2.1. Secondary Source

2.2.2. Primary Source

CHAPTER 3. Market Dynamics And Competition Analysis

3.1. Market Drivers

3.1.1. Driver 1

3.1.2. Driver 2

3.2. Restraints and Challenges

3.2.1. Restraint 1

3.2.2. Restraint 2

3.3. Growth Opportunities

3.3.1. Opportunity 1

3.3.2. Opportunity 2 

3.4. Porter’s Five Forces Analysis

3.4.1. Bargaining Power of Suppliers

3.4.2. Bargaining Power of Buyers

3.4.3. Threat of Substitute

3.4.4. Threat of New Entrants

3.4.5. Degree of Competition

3.5. Market Concentration Ratio and Market Maturity Analysis of Industrial IoT Market

3.5.1. Go To Market Strategy

3.5.1.1. Introduction

3.5.1.2. Growth

3.5.1.3. Maturity

3.5.1.4. Saturation

3.5.1.5. Possible Development

3.6. Technological Roadmap for Industrial IoT Market

3.7. Value Chain Analysis

3.7.1. List of Key Manufacturers 

3.7.2. List of Customers

3.7.3. Level of Integration

3.8. Price Trend of Key Raw Materials

3.8.1. Raw Material Suppliers

3.8.2. Proportion of Manufacturing Cost Structure

3.8.2.1. Raw Material

3.8.2.2. Labor Cost

3.8.2.3. Manufacturing Expense

3.9. Regulatory Compliance

3.10. Competitive Landscape, 2022

3.10.1. Player Positioning Analysis

3.10.2. Key Strategies Adopted By Leading Players

CHAPTER 4. Manufacturing Plant Analysis

4.1. Manufacturing Plant Location and Establish Date of Major Manufacturers in 2022

4.2. R&D Status of Major Manufacturers in 2022

CHAPTER 5. Industrial IoT Market By Component

5.1. Introduction

5.2. Industrial Internet of Things Revenue By Component

5.2.1. Industrial Internet of Things Revenue (USD Billion) and Forecast, By Component, 2020-2032

5.2.2. Hardware

5.2.2.1. Hardware Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.3. Solution

5.2.3.1. Solution Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.4. Services

5.2.4.1. Services Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.5. Platform

5.2.5.1. Platform Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

CHAPTER 6. Industrial IoT Market By Software

6.1. Introduction

6.2. Industrial Internet of Things Revenue By Software

6.2.1. Industrial Internet of Things Revenue (USD Billion) and Forecast, By Software, 2020-2032

6.2.2. Product Lifecycle Management

6.2.2.1. Product Lifecycle Management Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

6.2.3. SCADA

6.2.3.1. SCADA Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

6.2.4. Manufacturing Execution Systems

6.2.4.1. Manufacturing Execution Systems Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

6.2.5. Outage Management Systems

6.2.5.1. Outage Management Systems Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

6.2.6. Remote Patent Monitoring

6.2.6.1. Remote Patent Monitoring Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

6.2.7. Distribution Management Systems

6.2.7.1. Distribution Management Systems Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

6.2.8. Farm Management Systems

6.2.8.1. Farm Management Systems Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

6.2.9. Retail Management Software

6.2.9.1. Retail Management Software Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

6.2.10. Transit Management Systems

6.2.10.1. Transit Management Systems Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

6.2.11. Visualization Software

6.2.11.1. Visualization Software Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

CHAPTER 7. Industrial IoT Market By Connectivity Technology

7.1. Introduction

7.2. Industrial Internet of Things Revenue By Connectivity Technology

7.2.1. Industrial Internet of Things Revenue (USD Billion) and Forecast, By Connectivity Technology, 2020-2032

7.2.2. Wired Technology

7.2.2.1. Wired Technology Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

7.2.3. Wireless Technology

7.2.3.1. Wireless Technology Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

CHAPTER 8. Industrial IoT Market By Device and Technology

8.1. Introduction

8.2. Industrial Internet of Things Revenue By Device and Technology

8.2.1. Industrial Internet of Things Revenue (USD Billion) and Forecast, By Device and Technology, 2020-2032

8.2.2. Sensors

8.2.2.1. Sensors Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

8.2.3. Industrial Robotics

8.2.3.1. Industrial Robotics Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

8.2.4. Radio Frequency Identification (RFID)

8.2.4.1. Radio Frequency Identification (RFID) Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

8.2.5. Electronic Shelf Labels

8.2.5.1. Electronic Shelf Labels Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

8.2.6. Smart Beacons

8.2.6.1. Smart Beacons Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

8.2.7. Cameras

8.2.7.1. Cameras Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

8.2.8. Distributed Control Systems

8.2.8.1. Distributed Control Systems Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

8.2.9. Smart Meters

8.2.9.1. Smart Meters Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

8.2.10. Condition Monitoring

8.2.10.1. Condition Monitoring Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

8.2.11. GPS/GNSS

8.2.11.1. GPS/GNSS Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

8.2.12. Networking Technology

8.2.12.1. Networking Technology Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

8.2.13. Flow & Application Control Devices

8.2.13.1. Flow & Application Control Devices Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

8.2.14. Interface Boards

8.2.14.1. Interface Boards Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

8.2.15. Guidance & Steering

8.2.15.1. Guidance & Steering Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

8.2.16. Yield Monitors

8.2.16.1. Yield Monitors Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

CHAPTER 9. Industrial IoT Market By End-Use

9.1. Introduction

9.2. Industrial Internet of Things Revenue By End-Use

9.2.1. Industrial Internet of Things Revenue (USD Billion) and Forecast, By End-Use, 2020-2032

9.2.2. Aviation

9.2.2.1. Aviation Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

9.2.3. Chemical

9.2.3.1. Chemical Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

9.2.4. Metal & Mining

9.2.4.1. Metal & Mining Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

9.2.5. Manufacturing

9.2.5.1. Manufacturing Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

9.2.6. Smart Grids

9.2.6.1. Smart Grids Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

9.2.7. Energy & Power

9.2.7.1. Energy & Power Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

9.2.8. Retail

9.2.8.1. Retail Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

9.2.9. Oil & Gas

9.2.9.1. Oil & Gas Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

9.2.10. Logistics & Transport

9.2.10.1. Logistics & Transport Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

9.2.11. Healthcare

9.2.11.1. Healthcare Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

9.2.12. Agriculture

9.2.12.1. Agriculture Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

9.2.13. Others

9.2.13.1. Others Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

CHAPTER 10. North America Industrial IoT Market By Country 

10.1. North America Industrial IoT Market Overview

10.2. U.S.

10.2.1. U.S. Industrial Internet of Things Revenue (USD Billion) and Forecast By Component, 2020-2032

10.2.2. U.S. Industrial Internet of Things Revenue (USD Billion) and Forecast By Software, 2020-2032

10.2.3. U.S. Industrial Internet of Things Revenue (USD Billion) and Forecast By Connectivity Technology, 2020-2032

10.2.4. U.S. Industrial Internet of Things Revenue (USD Billion) and Forecast By Device and Technology, 2020-2032

10.2.5. U.S. Industrial Internet of Things Revenue (USD Billion) and Forecast By End-Use, 2020-2032

10.3. Canada

10.3.1. Canada Industrial Internet of Things Revenue (USD Billion) and Forecast By Component, 2020-2032

10.3.2. Canada Industrial Internet of Things Revenue (USD Billion) and Forecast By Software, 2020-2032

10.3.3. Canada Industrial Internet of Things Revenue (USD Billion) and Forecast By Connectivity Technology, 2020-2032

10.3.4. Canada Industrial Internet of Things Revenue (USD Billion) and Forecast By Device and Technology, 2020-2032

10.3.5. Canada Industrial Internet of Things Revenue (USD Billion) and Forecast By End-Use, 2020-2032

10.4. North America PEST Analysis

CHAPTER 11. Europe Industrial IoT Market By Country

11.1. Europe Industrial IoT Market Overview

11.2. U.K.

11.2.1. U.K. Industrial Internet of Things Revenue (USD Billion) and Forecast By Component, 2020-2032

11.2.2. U.K. Industrial Internet of Things Revenue (USD Billion) and Forecast By Software, 2020-2032

11.2.3. U.K. Industrial Internet of Things Revenue (USD Billion) and Forecast By Connectivity Technology, 2020-2032

11.2.4. U.K. Industrial Internet of Things Revenue (USD Billion) and Forecast By Device and Technology, 2020-2032

11.2.5. U.K. Industrial Internet of Things Revenue (USD Billion) and Forecast By End-Use, 2020-2032

11.3. Germany

11.3.1. Germany Industrial Internet of Things Revenue (USD Billion) and Forecast By Component, 2020-2032

11.3.2. Germany Industrial Internet of Things Revenue (USD Billion) and Forecast By Software, 2020-2032

11.3.3. Germany Industrial Internet of Things Revenue (USD Billion) and Forecast By Connectivity Technology, 2020-2032

11.3.4. Germany Industrial Internet of Things Revenue (USD Billion) and Forecast By Device and Technology, 2020-2032

11.3.5. Germany Industrial Internet of Things Revenue (USD Billion) and Forecast By End-Use, 2020-2032

11.4. France

11.4.1. France Industrial Internet of Things Revenue (USD Billion) and Forecast By Component, 2020-2032

11.4.2. France Industrial Internet of Things Revenue (USD Billion) and Forecast By Software, 2020-2032

11.4.3. France Industrial Internet of Things Revenue (USD Billion) and Forecast By Connectivity Technology, 2020-2032

11.4.4. France Industrial Internet of Things Revenue (USD Billion) and Forecast By Device and Technology, 2020-2032

11.4.5. France Industrial Internet of Things Revenue (USD Billion) and Forecast By End-Use, 2020-2032

11.5. Spain

11.5.1. Spain Industrial Internet of Things Revenue (USD Billion) and Forecast By Component, 2020-2032

11.5.2. Spain Industrial Internet of Things Revenue (USD Billion) and Forecast By Software, 2020-2032

11.5.3. Spain Industrial Internet of Things Revenue (USD Billion) and Forecast By Connectivity Technology, 2020-2032

11.5.4. Spain Industrial Internet of Things Revenue (USD Billion) and Forecast By Device and Technology, 2020-2032

11.5.5. Spain Industrial Internet of Things Revenue (USD Billion) and Forecast By End-Use, 2020-2032

11.6. Rest of Europe

11.6.1. Rest of Europe Industrial Internet of Things Revenue (USD Billion) and Forecast By Component, 2020-2032

11.6.2. Rest of Europe Industrial Internet of Things Revenue (USD Billion) and Forecast By Software, 2020-2032

11.6.3. Rest of Europe Industrial Internet of Things Revenue (USD Billion) and Forecast By Connectivity Technology, 2020-2032

11.6.4. Rest of Europe Industrial Internet of Things Revenue (USD Billion) and Forecast By Device and Technology, 2020-2032

11.6.5. Rest of Europe Industrial Internet of Things Revenue (USD Billion) and Forecast By End-Use, 2020-2032

11.7. Europe PEST Analysis

CHAPTER 12. Asia Pacific Industrial IoT Market By Country

12.1. Asia Pacific Industrial IoT Market Overview

12.2. China

12.2.1. China Industrial Internet of Things Revenue (USD Billion) and Forecast By Component, 2020-2032

12.2.2. China Industrial Internet of Things Revenue (USD Billion) and Forecast By Software, 2020-2032

12.2.3. China Industrial Internet of Things Revenue (USD Billion) and Forecast By Connectivity Technology, 2020-2032

12.2.4. China Industrial Internet of Things Revenue (USD Billion) and Forecast By Device and Technology, 2020-2032

12.2.5. China Industrial Internet of Things Revenue (USD Billion) and Forecast By End-Use, 2020-2032

12.3. Japan

12.3.1. Japan Industrial Internet of Things Revenue (USD Billion) and Forecast By Component, 2020-2032

12.3.2. Japan Industrial Internet of Things Revenue (USD Billion) and Forecast By Software, 2020-2032

12.3.3. Japan Industrial Internet of Things Revenue (USD Billion) and Forecast By Connectivity Technology, 2020-2032

12.3.4. Japan Industrial Internet of Things Revenue (USD Billion) and Forecast By Device and Technology, 2020-2032

12.3.5. Japan Industrial Internet of Things Revenue (USD Billion) and Forecast By End-Use, 2020-2032

12.4. India

12.4.1. India Industrial Internet of Things Revenue (USD Billion) and Forecast By Component, 2020-2032

12.4.2. India Industrial Internet of Things Revenue (USD Billion) and Forecast By Software, 2020-2032

12.4.3. India Industrial Internet of Things Revenue (USD Billion) and Forecast By Connectivity Technology, 2020-2032

12.4.4. India Industrial Internet of Things Revenue (USD Billion) and Forecast By Device and Technology, 2020-2032

12.4.5. India Industrial Internet of Things Revenue (USD Billion) and Forecast By End-Use, 2020-2032

12.5. Australia

12.5.1. Australia Industrial Internet of Things Revenue (USD Billion) and Forecast By Component, 2020-2032

12.5.2. Australia Industrial Internet of Things Revenue (USD Billion) and Forecast By Software, 2020-2032

12.5.3. Australia Industrial Internet of Things Revenue (USD Billion) and Forecast By Connectivity Technology, 2020-2032

12.5.4. Australia Industrial Internet of Things Revenue (USD Billion) and Forecast By Device and Technology, 2020-2032

12.5.5. Australia Industrial Internet of Things Revenue (USD Billion) and Forecast By End-Use, 2020-2032

12.6. South Korea

12.6.1. South Korea Industrial Internet of Things Revenue (USD Billion) and Forecast By Component, 2020-2032

12.6.2. South Korea Industrial Internet of Things Revenue (USD Billion) and Forecast By Software, 2020-2032

12.6.3. South Korea Industrial Internet of Things Revenue (USD Billion) and Forecast By Connectivity Technology, 2020-2032

12.6.4. South Korea Industrial Internet of Things Revenue (USD Billion) and Forecast By Device and Technology, 2020-2032

12.6.5. South Korea Industrial Internet of Things Revenue (USD Billion) and Forecast By End-Use, 2020-2032

12.7. Rest of Asia-Pacific

12.7.1. Rest of Asia-Pacific Industrial Internet of Things Revenue (USD Billion) and Forecast By Component, 2020-2032

12.7.2. Rest of Asia-Pacific Industrial Internet of Things Revenue (USD Billion) and Forecast By Software, 2020-2032

12.7.3. Rest of Asia-Pacific Industrial Internet of Things Revenue (USD Billion) and Forecast By Connectivity Technology, 2020-2032

12.7.4. Rest of Asia-Pacific Industrial Internet of Things Revenue (USD Billion) and Forecast By Device and Technology, 2020-2032

12.7.5. Rest of Asia-Pacific Industrial Internet of Things Revenue (USD Billion) and Forecast By End-Use, 2020-2032

12.8. Asia Pacific PEST Analysis

CHAPTER 13. Latin America Industrial IoT Market By Country

13.1. Latin America Industrial IoT Market Overview

13.2. Brazil

13.2.1. Brazil Industrial Internet of Things Revenue (USD Billion) and Forecast By Component, 2020-2032

13.2.2. Brazil Industrial Internet of Things Revenue (USD Billion) and Forecast By Software, 2020-2032

13.2.3. Brazil Industrial Internet of Things Revenue (USD Billion) and Forecast By Connectivity Technology, 2020-2032

13.2.4. Brazil Industrial Internet of Things Revenue (USD Billion) and Forecast By Device and Technology, 2020-2032

13.2.5. Brazil Industrial Internet of Things Revenue (USD Billion) and Forecast By End-Use, 2020-2032

13.3. Mexico

13.3.1. Mexico Industrial Internet of Things Revenue (USD Billion) and Forecast By Component, 2020-2032

13.3.2. Mexico Industrial Internet of Things Revenue (USD Billion) and Forecast By Software, 2020-2032

13.3.3. Mexico Industrial Internet of Things Revenue (USD Billion) and Forecast By Connectivity Technology, 2020-2032

13.3.4. Mexico Industrial Internet of Things Revenue (USD Billion) and Forecast By Device and Technology, 2020-2032

13.3.5. Mexico Industrial Internet of Things Revenue (USD Billion) and Forecast By End-Use, 2020-2032

13.4. Rest of Latin America

13.4.1. Rest of Latin America Industrial Internet of Things Revenue (USD Billion) and Forecast By Component, 2020-2032

13.4.2. Rest of Latin America Industrial Internet of Things Revenue (USD Billion) and Forecast By Software, 2020-2032

13.4.3. Rest of Latin America Industrial Internet of Things Revenue (USD Billion) and Forecast By Connectivity Technology, 2020-2032

13.4.4. Rest of Latin America Industrial Internet of Things Revenue (USD Billion) and Forecast By Device and Technology, 2020-2032

13.4.5. Rest of Latin America Industrial Internet of Things Revenue (USD Billion) and Forecast By End-Use, 2020-2032

13.5. Latin America PEST Analysis

CHAPTER 14. Middle East & Africa Industrial IoT Market By Country 

14.1. Middle East & Africa Industrial IoT Market Overview

14.2. GCC

14.2.1. GCC Industrial Internet of Things Revenue (USD Billion) and Forecast By Component, 2020-2032

14.2.2. GCC Industrial Internet of Things Revenue (USD Billion) and Forecast By Software, 2020-2032

14.2.3. GCC Industrial Internet of Things Revenue (USD Billion) and Forecast By Connectivity Technology, 2020-2032

14.2.4. GCC Industrial Internet of Things Revenue (USD Billion) and Forecast By Device and Technology, 2020-2032

14.2.5. GCC Industrial Internet of Things Revenue (USD Billion) and Forecast By End-Use, 2020-2032

14.3. South Africa

14.3.1. South Africa Industrial Internet of Things Revenue (USD Billion) and Forecast By Component, 2020-2032

14.3.2. South Africa Industrial Internet of Things Revenue (USD Billion) and Forecast By Software, 2020-2032

14.3.3. South Africa Industrial Internet of Things Revenue (USD Billion) and Forecast By Connectivity Technology, 2020-2032

14.3.4. South Africa Industrial Internet of Things Revenue (USD Billion) and Forecast By Device and Technology, 2020-2032

14.3.5. South Africa Industrial Internet of Things Revenue (USD Billion) and Forecast By End-Use, 2020-2032

14.4. Rest of Middle East & Africa

14.4.1. Rest of Middle East & Africa Industrial Internet of Things Revenue (USD Billion) and Forecast By Component, 2020-2032

14.4.2. Rest of Middle East & Africa Industrial Internet of Things Revenue (USD Billion) and Forecast By Software, 2020-2032

14.4.3. Rest of Middle East & Africa Industrial Internet of Things Revenue (USD Billion) and Forecast By Connectivity Technology, 2020-2032

14.4.4. Rest of Middle East & Africa Industrial Internet of Things Revenue (USD Billion) and Forecast By Device and Technology, 2020-2032

14.4.5. Rest of Middle East & Africa Industrial Internet of Things Revenue (USD Billion) and Forecast By End-Use, 2020-2032

14.5. Middle East & Africa PEST Analysis

CHAPTER 15. Player Analysis Of Industrial IoT Market

15.1. Industrial IoT Market Company Share Analysis

15.2. Competition Matrix

15.2.1. Competitive Benchmarking Of Key Players By Price, Presence, Market Share, And R&D Investment

15.2.2. New Product Launches and Product Enhancements

15.2.3. Mergers And Acquisition In Global Industrial IoT Market

15.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements

CHAPTER 16. Company Profile

16.1. ARM Holding Plc

16.1.1. Company Snapshot

16.1.2. Business Overview

16.1.3. Financial Overview

16.1.3.1. Revenue (USD Billion), 2022

16.1.3.2. ARM Holding Plc 2022 Industrial Internet of Things Business Regional Distribution

16.1.4. Product /Service and Specification

16.1.5. Recent Developments & Business Strategy

16.2. ABB Ltd.

16.3. Atmel Corporation

16.4. General Electric Company (GE)

16.5. Cisco Systems, Inc.

16.6. Siemens AG

16.7. Ericsson AB

16.8. Honeywell International Inc.

16.9. International Business Machines (IBM) Corporation

16.10. Intel Corporation

16.11. Microsoft Corporation

16.12. Schneider Electric SE

16.13. Rockwell Automation, Inc.

Frequently Asked Questions

How big is the industrial IoT market?

The industrial IoT market size was USD 329 billion in 2022.

What is the CAGR of the global industrial internet of things market from 2023 to 2032?

The CAGR of industrial internet of things is 22.7% during the analysis period of 2023 to 2032.

Which are the key players in the industrial IoT market?

The key players operating in the global market are including ARM Holding Plc, ABB Ltd., Atmel Corporation, General Electric Company (GE), Cisco Systems, Inc., Siemens AG, Ericsson AB, Honeywell International Inc., International Business Machines (IBM) Corporation, Intel Corporation, Microsoft Corporation, Schneider Electric SE, and Rockwell Automation, Inc.

Which region dominated the global industrial internet of things market share?

North America held the dominating position in industrial internet of things industry during the analysis period of 2023 to 2032.

Which region registered fastest CAGR from 2023 to 2032?

Asia-Pacific region exhibited fastest growing CAGR for market of industrial internet of things during the analysis period of 2023 to 2032.

What are the current trends and dynamics in the global industrial internet of things industry?

The current trends and dynamics in the industrial internet of things industry include increasing demand for automation and operational efficiency, advancements in sensor technology and data analytics tools, and growing emphasis on predictive maintenance to minimize downtime.

Which component held the maximum share in 2022?

The solution component held the maximum share of the industrial internet of things industry.

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